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- The economy of Italy is a highly developed social market economy1. It is the third-largest national economy in the European Union and the ninth-largest economy in the world by nominal GDP12. Italy's strengths include its metallurgical and engineering industries, while its weaknesses include a lack of raw materials and energy sources3. The country's GDP per capita is around 27,000 euros2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The economy of Italy is a highly developed social market economy. It is the third-largest national economy in the European Union, the second-largest manufacturing industry in Europe (7th-largest in the world), the 9th-largest economy in the world by nominal GDP, and the 12th-largest by GDP (PPP).en.wikipedia.org/wiki/Economy_of_ItalyItaly is the tenth largest economy in the world, the fourth largest in Europe, and one of the main export countries worldwide. Italy's gross domestic product (GDP) amounts to over two trillion U.S. dollars, while the GDP per capita reaches around 27,000 euros.www.statista.com/topics/5964/key-indicators-of-ital…The Italian economy has progressed from being one of the weakest economies in Europe following World War II to being one of the most powerful. Its strengths are its metallurgical and engineering industries, and its weaknesses are a lack of raw materials and energy sources. More than four-fifths of Italy’s energy requirements are imported.www.britannica.com/place/Italy/Economy
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Economy of Italy - Wikipedia
The economy of Italy is a highly developed social market economy. It is the third-largest national economy in the European Union, the second-largest manufacturing industry in Europe (7th-largest in the world), the 9th-largest economy in the world by nominal GDP, and the 12th-largest by GDP (PPP). Italy is a … See more
The Italian Renaissance was remarkable in economic development. Venice and Genoa were the trade pioneers, first as maritime republics and then as regional states, followed by … See more
Primary
According to the last national agricultural census, there were 1.6 million farms in 2010 (−32.4% since 2000) covering 12,700,000 ha or … See moreEnergy and natural resources
Italy consumed about 185 Mtoe of primary energy in 2010. This came mostly from fossil fuels. Among the most used resources are petroleum (mostly used for the transport sector), natural gas (used for electric energy … See moreData
The following table shows the main economic indicators in 1980–2021 (with IMF staff estimates in 2022–2027). Inflation below 5% is in green.
Companies
Italian Companies … See moreIn 2015, poverty in Italy hit the highest levels in the previous 10 years. The level of absolute poverty for a two-person family was €1050.95/month. The poverty line per capita changed by … See more
• Italian National Institute of Statistic (ISTAT) Archived 20 August 2019 at the Wayback Machine
• Italy – OECD Archived 18 August 2019 at the Wayback Machine
• Italy profile Archived 25 June 2019 at the Wayback Machine See moreWikipedia text under CC-BY-SA license Italy: Europe’s unlikely outperformer - Financial Times
WEBMar 7, 2024 · Italy’s better economic performance than some of its peers is “due to the strong tax incentives in construction,” confirmed Nicola …
The five challenges facing Italy's economy in 2024
WEBJan 22, 2024 · The five challenges facing Italy's economy in 2024. With the ongoing national challenges such as slow GDP growth, an immigration crisis and a soft labour market, the global scenario remains...
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WEBAug 30, 2024 · Statista provides statistics and facts about Italy's economy, such as GDP, inflation, unemployment, trade, and shadow economy. Find the latest data and forecasts for Italy's key economic indicators.
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WEBThe economy slowed to 0.1% in the first quarter as the impact of COVID restrictions in January compounded war-related inflation and supply chain and confidence shocks. Headline inflation rose to 7.3% in May, driven …
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